Difference between revisions of "History From The Federal Taxes"

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Latest revision as of 00:04, 12 November 2024

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Congress finally acted on New Year's Day, passing the "fiscal cliff" legislation. This law extended the existing tax rate structure for single taxpayers with taxable income of below USD 400,000, and married taxpayers with taxable income of less than USD 450,000. For people higher incomes, the top tax rate was increased to 39.6% These limits are determined foreign earned income different.

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